Illinois Home Foreclosure Activity Rose 32.6% In 2012
A report released Thursday by Irvine, Calif.-based RealtyTrac shows Illinois with 136,603 foreclosure filings last year. That represents a rate of one in every 39 housing units, or 2.58 percent of all homes. It's the fifth-highest rate in the nation. Filings include default notices, auction-sale notices and bank repossessions.
Florida had the nation's highest foreclosure rate - one in every 32 housing units. Other states with foreclosure rates worse than Illinois were Nevada, Arizona and Georgia. Nationally, last year's foreclosure activity fell almost 3 percent from 2011. That was 36 percent lower than in 2010.
See other LocalNews news:Movies Return to the Salem Community Theatre
SIU Offers Plan to Boost Campus Diversity After Protests
Illinois Retail Medical Marijuana Sales Top $2M in April
Illinois Panel Votes Against Plan to Close Detention Center
Illinois Democrats Weighing Higher Taxes for the Wealthy